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Chancellor Kirwan Begins Review of UMB Legislative Audit

University System of Maryland Statement on
February 2010 Legislative Audit of University of Maryland, Baltimore
February 18, 2010

The most recent legislative audit of the University of
Maryland, Baltimore was discussed by the University System of Maryland (USM)
Board of Regents and USM Chancellor William E. Kirwan in an executive session
of the full board February 12, 2010.

Chancellor Kirwan and the board take the audit findings very
seriously. The board has authorized the chancellor to begin an immediate investigation
of the issues outlined in the February 2010 report. They are committed to a
swift and thorough review, and at its conclusion, will take decisive and
corrective actions as necessary.